Dixie-Home
Retailer
Dixie-Home is a chain of grocery stores that were bought out by Winn-Dixie.
Winn-Dixie was founded and built up by William Milton Davis and his sons Artemus Darius Davis, James Elsworth Davis, Milton Austin Davis and Tine Wayne Davis. William Davis started in business in Burley, Idaho, where he bought a general store in 1914 that he later renamed Davis Mercantile. As was common then, he sold most goods on credit. The advent of cash-only grocery stores in the 1920s hurt Davis' business, as the new stores offered lower prices and larger selections.
Subject ID: 38029
MoreDixie-Home is a chain of grocery stores that were bought out by Winn-Dixie.
Winn-Dixie was founded and built up by William Milton Davis and his sons Artemus Darius Davis, James Elsworth Davis, Milton Austin Davis and Tine Wayne Davis. William Davis started in business in Burley, Idaho, where he bought a general store in 1914 that he later renamed Davis Mercantile. As was common then, he sold most goods on credit. The advent of cash-only grocery stores in the 1920s hurt Davis' business, as the new stores offered lower prices and larger selections.
In 1939, the Davis brothers bought 51 percent of Winn & Lovett, a chain of 73 stores. In 1944, the brothers bought the remainder of Winn & Lovett and merged the two chains under the Winn & Lovett name. Company headquarters moved to Jacksonville. Winn & Lovett purchased the Steiden Stores chain of 31 stores in Kentucky in 1945, and Margaret Ann Stores, with 46 stores in Florida, in 1949. In 1952, Winn & Lovett became the first industrial corporation based in Florida to be listed on the New York Stock Exchange (NYSE).
Winn & Lovett continued to grow by acquiring other chains, including Penney Stores in Mississippi, and Ballentine Stores and Eden Stores, both in South Carolina, all in 1955. Also in 1955, Winn & Lovett bought the 117-store Dixie Home chain, and changed its name to Winn-Dixie.
Subject ID: 38029
Subject ID: 38029
